INCOTERMS IS THE ABBREVIATION FOR “INTERNATIONAL COMMERCIAL TERMS”, PUBLISHED BY THE INTERNATIONAL CHAMBER OF COMMERCE RELATING TO INTERNATIONAL COMMERCIAL LAW. These terms are used in contracts to determine who is responsible for executing certain aspects of the shipping and logistics process, who is responsible for paying for certain aspects of shipping, and at what point these responsibilities and accountabilities change…
Deciding whether to ship via ocean or air can make or break a business. It is a significant cost that goes to the heart of international trade. There are certain businesses that have no option but to choose one or the other. For example; those who deal in highly perishable goods such as decorative fresh flowers or fruit might find…
Container shipping is one of the best ways to ship freight across the ocean. The advent of containerization brought about a significant move forward for the Marine sector, which allowed it to reach heights that had never before been seen. But the different types of container units available for shipping cargo is a relatively recent development and one that uniquely…
Shippers have a variety of options available to them based on the size of their shipment. LTL and FTL Freight offer the perfect solution for different situations and it’s important to understand the key differences between both modes, especially if you’re new to the terms. What are LTL and FTL? LTL refers to less than truckload. FTL refers to full…
